It’s getting tough for crypto bulls. Crypto exchange-traded products (ETPs), including ETFs, have fallen out of favor with investors as the U.S. Treasury market signals higher-for-longer interest rates. Digital asset investment products recorded $1.47 billion in outflows last week, the second consecutive week of redemptions and the third-largest weekly outflow of 2026, according to CoinShares.
Bitcoin’s recent price action suggests the market is approaching an important decision zone where multiple technical and on-chain support levels converge. This raises the possibility of a short-term bullish reaction before the market determines its next larger directional move. The behavior around the $74K-$75K support and deeper demand regions will likely shape Bitcoin’s medium-term outlook.
Crypto investment products recorded $1.47 billion in outflows last week, extending a second straight week of withdrawals as Bitcoin funds led the decline, according to CoinShares. Crypto exchange-traded products (ETPs) extended the prior week’s $1.07 billion in withdrawals, CoinShares reported Tuesday. Bitcoin products accounted for roughly $1.3 billion of the outflows, their largest weekly withdrawal
Blockchain finance keeps gaining traction on Wall Street as tokenized money market funds come as a potential reserve asset to the stablecoins issuers. On-chain analytics service Token Terminal indicates that companies like BlackRock and JPMorgan Chase are preparing tokenized treasury products. The catch is that these products emerge as a substitute to part of the
The price of bitcoin has been closely tracking the 2026 realized price, currently around $76,200, according to Checkonchain, since the beginning of April. The realized price is the average onchain acquisition cost of all bitcoin that last moved within a specific year. In other words, it reflects the aggregate cost basis of market participants from
At the 2026 Goldman Sachs Asia Pacific FinTech Conference, Bybit Co-founder and CEO Ben Zhou discussed the rapid shift of traditional financial assets to blockchain, emphasizing that atomic settlement and 24/7 trading will eliminate the limitations of legacy markets. In a fireside chat moderated by Goldman Sachs’ Ken Tang, Zhou highlighted Bybit as a key
Isabel Schnabel, a member of the European Central Bank’s Executive Board, said the ECB should raise interest rates at its June meeting, even if a peace deal with Iran is reached. The statement, made on May 26, marks a decisive shift in tone from the central bank that had been holding rates steady as recently
The combined market value of all stablecoins has hit a record high of $322 billion, dwarfing the foreign exchange reserves of 95 countries, including several developed countries. As of now, their combined market cap is bigger than the FX reserves of Poland, Thailand, Mexico, and developed economies such as the United Kingdom, Canada and even
Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that chairman Tom Lee hinted could provide tailwinds for the company’s stock. FTSE Russell, a subsidiary of the London Stock Exchange Group, published a preliminary index inclusion list for the Russell 3000